Gold is no haven...not at least as far as I can see.
It is not a buy-and-hold product, and is best designed for short-term tactical trading purposes only. Returns can vary significantly from -3x exposure to its underlying index if held for longer than a day. Are you looking for something to buy hold or you mean trading short term?
The Fund seeks three times leveraged participation in the daily inverse performance of the S-Network MicroSectors Gold Miners Index. The Index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors Gold Miners ETF and the VanEck Vectors Junior Gold Miners ETF
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